What?
News is that Holborn is crying poverty over it’s ability to borrow money for rebuilding public housing. With the help of their friends in the former BC Liberal Party (now BC United) Rich Coleman and Kevin Falcon etc. invited Holborn in 2008 to attach itself to a jewel of property at the heart of Vancouver. What did they do?
Holborn destroyed tens of millions of dollars of public housing and a low income community. Holborn was handed hundreds of millions of dollars of BC taxpayer money through a “sweetheart deal” with the Liberals. Since 2008 Holborn have done little more than cut the grass on a 16 acre vacant lot.
Holborn failed to deliver on the latest 2021 memorandum with Premier Eby to deliver the replacement housing by 2024 – they’re not even finished the first of three buildings that were specified in the memorandum.
But Holborn has spent over a year building an ultra posh sales office on 33rd and Ontario Street. It’s nearing completion.
You can read the Memorandum with Holborn on BC Housing’s website, and there’s a link in my previous posts.
Poor Holborn.
Holborn is a huge Malaysian corporation with deep pockets. They’re here to make a profit on land speculation in our inflated real estate market.
It’s time to #takebackthemountain
takebackthemountain.com
See this link: